Term
What type of natural gas is projected to increase production? |
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Definition
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Term
What type of natural gas is projected to decrease production? |
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Definition
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Term
Has US natural gas production been flat in recent years? |
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Definition
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Term
Sum up US natural gas production. |
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Definition
We are drilling more but producing less. |
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Term
When did US natural gas production peak? |
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Definition
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Term
What allowed gas production to show a short-lived recovery in the 1990s? |
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Definition
• The Fuel Use Act led to severe demand destruction and gave the illusion that natural gas was going to be permanently cheap and abundant |
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Term
What did the low prices and rising natural gas production of the 1990s make people think? |
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Definition
that there was more gas available than there really was |
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Term
Why were numerous gas power plants built in the 1990s? |
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Definition
Low prices and rising production made them think they could replace coal with this "clean, cheap, and abundant gas" |
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Term
Have EIA natural gas forecasts been accurate? |
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Definition
No, they have been optimistic |
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Term
What was the "Balancing Natural Gas Policy" of 2003? |
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Definition
• They stated that North American natural gas production has “plateaued” • It meant that neither Canadian nor domestic gas was to meet the nation’s expectations |
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Term
Why weren't US natural gas imports as high as projected? |
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Definition
There are many countries that want to import natural gas as LNG but there is not enough to go around; so LNG is a very cold liquid, it is difficult to ship, so the farther it has to travel, the more expensive it is |
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Term
Are the Department of Energy and Congress aware of the energy depletion issues? |
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Definition
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